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Concept information

Preferred term

WorldCom  

Definition(s)

  • WorldCom began in 2002 as the second largest longdistance U.S. telephone service provider with operations in 100 countries, 20 million customers, and assets of $107 billion. Seven months later, the company became the largest bankruptcy in U.S. corporate history as the result of a 5-year accounting fraud that totaled more than $11 billion. [Source: Encyclopedia of Business Ethics and Society; Worldcom]

Broader concept(s)

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-DLZ907TH-X

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